Hi,
Do you know of any expert/script that can execute orders based on bid price only?
Say, I want to buy @ 1.50000. I only want the trade to open when BID price is @ 1.50000. Now my trade gets opened @ 1.49995 (spread 0.5) because the ask price is @ 1.50000
So I adjust my entry price to 1.50005 (spread added). However, spread is variable so it could be 0.1 or 1.0 at the moment the order triggers. Not ideal when scalping, specially when the spread is even higher. It would be better to have an expert which enters when bid price gets to 1.50000.
So I'm wondering if you know of any order management / entry experts that take spread into account?
Do you know of any expert/script that can execute orders based on bid price only?
Say, I want to buy @ 1.50000. I only want the trade to open when BID price is @ 1.50000. Now my trade gets opened @ 1.49995 (spread 0.5) because the ask price is @ 1.50000
So I adjust my entry price to 1.50005 (spread added). However, spread is variable so it could be 0.1 or 1.0 at the moment the order triggers. Not ideal when scalping, specially when the spread is even higher. It would be better to have an expert which enters when bid price gets to 1.50000.
So I'm wondering if you know of any order management / entry experts that take spread into account?